Global Systems - Interdependance Flashcards
Give factores of social interdependence
Health- WHO
Education
Culture
Give examples of economic interdependence
Trade
Tech
Employment
Labour flows
TNCs/investment
Supply chains
Industrialisation
Give examples of environmental interdependence
Global commons
Global climate change
Unsustainable practices
Give examples of political interdependence
Intergovernmental organisations (IMF, WTO, UN)
security and stability
What are the flow of globalisation?
Flows of:
People
Money
Ideas
Tech
Political power
What are the advantages and disadvantages associated with flows of people?
Address labour shortages in HDEs, reduce unemployment in LDEs, REMITTANCES.
Brain drain in LDEs, segregation in areas, over dependence on remittances.
What are the advantages and disadvantages associated with flows of money?
Advantages - remittances, FDI, aid.
Disadvantages - Reparations of profits. Over dependancy on aid, remittances, investment.
What are the advantages and disadvantages associated with flows of ideas?
Advantages - village phone project (world bank) developing countries can access global markets. Lives changed
Homogenisation.
What are the advantages and disadvantages associated with flows of technology?
LDEs can increase their output. Communication, security, transport improved.
Tech can make people redundant.
Can’t afford tech.
What are the advantages and disadvantages associated with flows of political power?
Advantages- countries can work together (UN)
Cores hold greater power and influence than periphery.
What phrase Simms up the importance of America in world trade?
When America sneezes, the whole world catches a cold.